Comment by financypants
3 years ago
If it is “equity” in a private company, any employees can certainly sell that stock to a venture buyer on the secondary market. However the share price will likely be discounted.
3 years ago
If it is “equity” in a private company, any employees can certainly sell that stock to a venture buyer on the secondary market. However the share price will likely be discounted.
Not “any employee” - the company has to allow it.
What type of market do you think there was to buy my options in the 60 person startup that no one ever heard of at my previous company? I was paid in cash at market value so it wasn’t a big deal - and “market” for your standard enterprise CRUD developer architect was nothing to write home about compared to tech company salaries.